SolarBreakeven
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Home Minnesota ZIP 55362

Solar Panel Costs Near Monticello, MN (55362)

Opportunity Score
68 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55362 is an urban area. with a population of 20,125 and household incomes above the national median ($92,870). There are 9 solar installers operations in ZIP 55362.

Area Profile

20,125
Population
$92,870
Median Income
+25% vs. national
Urban
Area Type
Median Age: 35.1 — mixed-age market, broad menu appeal.
College-Educated: 16.3% — value-focused market, keep prices competitive.

Competition

Solar Installers and related businesses in ZIP 55362.

9
Solar Installers
Moderate — proven market
4.5 per 10K residents
3
Roofing Contractors
1.5 per 10K residents
What this means: Solar Installers are 75.0% of the relevant market in ZIP 55362 (9 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,458
Median Gross Rent
$320 K
Median Home Value
8
Bank Branches
$610 K deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits